OTC-listed Chilean Cobalt inks Glencore offtake deal
Less than a month after landing a potential debt financing deal to redevelop its past-producing La Cobaltera project in northern Chile, Chilean Cobalt (US-OTC: COBA) has signed a letter of…
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Silvercorp deal for Adventus hits roadblock
Silvercorp Metals (TSX: SVM) says it’s reviewing plans to acquire Adventus Mining (TSXV: ADZN) after a local lawsuit challenged the target company’s environmental permit for its project in Ecuador. The…
Patriot expands Vega zone with intercepts as high as 5.1% lithium oxide
Patriot Battery Metals (TSXV: PAT; US-OTC: PTBRF) reported high grades from drilling at its recently-discovered Vega zone at the Corvette property in Quebec’s Eeyou Istchee James Bay region. The company’s 2024…
Nickel price to see steady rise on EV demand — after a flat 2024: Fitch
Analyst expects upside risks – including but not limited to potential supply disruptions and a weakening of the US dollar to place a floor under prices throughout the year.
Westgold’s buyout of Karora gets ISS blessing ahead of shareholder vote
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF), the target of a A$1.2-billion (US$830 million) acquisition by Australia’s Westgold Resources (ASX: WGX), said on Monday a leading independent proxy advisory firm…
Teck’s $9.5B coal sale to Glencore set to close July 11
The federal government has approved the $9.5-billion sale of Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) coal business to Swiss-based resource giant Glencore (LSE: GLEN). Teck agreed in November to sell the…
Copper to retest US$10,000 a tonne: Citi, BMO
Copper prices may rise past the US$10,000-per-tonne mark again in the coming weeks due to a Chinese smelter supply shortage and anticipated grid investments by the Asian giant, according to…
Skeena court win overturns ‘incomprehensible’ 2022 tailings ruling
The miner has successfully appealed a prior decision regarding ownership of waste rock and tailings from the British Columbia mine.
Opinion: Want more investors? Act local
The mining industry must boost its support of local communities if it’s ever going to attract enough investors for the world to meet climate-change fighting goals, a new survey and…
How critical minerals tie into the AI boom
Most investors don’t make a connection between tech and mining. But mining supplies the raw materials for the semiconductor industry, which is in the midst of a huge growth spurt. …
No cyanide risk to drinking water after Victoria Gold accident, Yukon government says
Drinking water is safe to consume after the heap leach pad (HLP) accident last week at Victoria Gold’s (TSXV: GCX) Eagle mine in Yukon, a health official said Thursday, but…
Is BC’s Haida agreement another ‘legal morass’ for mining?
British Columbia’s formal recognition of the Haida Nation’s Aboriginal title over a group of islands near the Alaskan panhandle is a reconciliation milestone. But it’s raising legal and economic questions…